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1 page/β‰ˆ275 words
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Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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Date:
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Topic:

Motivation and the Content and Process Theories of Motivation

Essay Instructions:

Please note that this is just Q and As, no need to write as an essay just answer the questions.
5.1 What is motivation and how does it affect my behavior?
5.2 How would I compare and contrast the content theories of motivation?
5.3 How would I compare and contrast the process theories of motivation?
5.4 How are top-down approaches, bottom-up approaches, and “idiosyncratic deals” similar and different?
LEGAL ETHICAL CHALLENGE
Should Senior Executives Receive Bonuses for Navigating a Company through Bankruptcy?
Consider this report from the Wall Street Journal: “On the way to bankruptcy court, Lear Corporation, a car-parts supplier, closed 28 factories, cut more than 20,000 jobs, and wiped out shareholders. Still, Lear sought $20.6 million in bonuses for key executives and other employees, including an eventual payout of more than $5.4 million for then-chief executive Robert Rossiter.” Does this seem appropriate from a justice or expectancy theory perspective?
The U.S. Justice Department objected to these bonuses, arguing that they violated a federal law established in 2005. The goal of the law was to restrict companies from paying bonuses to executives before and during a bankruptcy process. However, a judge ruled that the bonuses were legal because they were tied to the individuals meeting specific earning milestones. A company spokesperson further commented that the bonuses were “customary” and “fully market competitive.” Lear has subsequently rebounded, adding 23,000 jobs since completing the bankruptcy process.
The practice of giving bonuses to senior executives who navigate a company through bankruptcy is quite common. A Wall Street Journal study of 12 of the 100 biggest corporate bankruptcies revealed that CEOs from these firms were paid more than $350 million in various forms of compensation.
“Over the past few years, fights have erupted during a handful of Chapter 11 bankruptcy cases,” the newspaper reported. “The central argument has been over whether companies are adhering to federal laws when giving their executives the extra pay.” While judicial decisions regarding this issue have been mixed, consider the ethics of paying executives large bonuses when laying off workers, closing plants, and eliminating health care and retirement benefits to retirees. Does this seem fair or just?
Finding Answers to Solve the Challenge
Is it ethical to pay these bonuses? Respond to each of the following options.
Yes. Navigating a company through bankruptcy is hard work and requires hard decisions. Executives at Lear, for example, earned those bonuses by staying with the company to shepherd it through tough times, helping to turn it around.
Yes, if all employees receive some sort of bonus for staying through a bankruptcy process. In other words, executives should be paid the same as other surviving employees. If everyone took a 10 percent pay cut or gets a 10 percent bonus, so should executives. What’s fair for one is fair for all.
Absolutely not. It just is not right to close plants, displace employees, and eliminate retirement benefits while simultaneously giving executives hefty bonuses.hat is your ideal resolution to the challenge?

Essay Sample Content Preview:

Motivation
Name
Institutional Affiliation
Course Title
Professor's Name
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Motivation
5.1
According to Acquah (2021), motivation entails the driving force that is behind the action an individual decides to take. Motivation is, therefore, what enables people in different fields to attain their set goals. Consequently, their behavior varies depending on whether a person is motivated or demotivated. Motivation enables people to change their attitudes and behavior in different circumstances that work against of for them
 5.2
In content theories, a similar major assumption is that within a group of individuals, all of them have the same set of needs (Fong, 2022). The main difference is that psychoanalytic theory is associated with dealing with unconscious forms of motivation, whereas the optimal-level theory is based on the idea that human beings have to work hard to avoid disequilibrium.
5.3
One of the most striking similarities between process theories is that they all tend to view a group of people on an individual level. The major difference is that unlike in Operant Conditioning Theory, which is based on the idea that people tend to things because of a reward and avoid others because of punishment. In the Equity Theory, it is demonstrated that motivation is majorly influenced by the outcome one gets from other people. Consequently, according to this theory, what may motivate one person may not ...
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